Summary
PLASTIFLEX GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €79.91M and a net result of €8.51M. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 2394 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
80 d early
2024
73 d early
2023
69 d early
2022
80 d early
2021
87 d early
2020
81 d early
2019
77 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Equity
€79.91M▲ 28.4%
2024 · €62.26M
2019: €25.11M
2020: €28.59M
2021: €30.67M
2022: €47.32M
2023: €51.66M
2024: €62.26M
2019 → 2025
Net result
€8.51M▲ 46.3%
2024 · €5.81M
2019: €3.20M
2020: €3.48M
2021: €2.08M
2022: €4.13M
2023: €9.34M
2024: €5.81M
2019 → 2025
Total assets
€95.81M▲ 8.3%
2024 · €88.49M
2019: €31.30M
2020: €34.47M
2021: €44.34M
2022: €63.17M
2023: €66.75M
2024: €88.49M
2019 → 2025
Solvency
83.4%▲ 13.0pp
2024 · 70.4%
2019: 80.2%
2020: 82.9%
2021: 69.2%
2022: 74.9%
2023: 77.4%
2024: 70.4%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16.92M-€19.27M▲ 13.8%€19.60M▲ 1.7%€21.42M▲ 9.3%€25.35M▲ 18.3%
Equity€30.67M-€47.32M▲ 54.3%€51.66M▲ 9.2%€62.26M▲ 20.5%€79.91M▲ 28.4%
Operating result€-614k-€233k€1.58M▲ 578%€1.67M▲ 5.8%€2.63M▲ 57.1%
Net result€2.08M-€4.13M▲ 98.6%€9.34M▲ 126%€5.81M▼ 37.7%€8.51M▲ 46.3%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95.81M
Fixed assets
€82.30M ▲ 12.2%
Current assets
€13.51M ▼ 10.7%
Equity and liabilities €95.81M
Equity
€79.91M ▲ 28.4%
Debt
€15.90M ▼ 39.4%
Debt's share of the balance-sheet total falls from 29.6% to 16.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
10.6%▲
2024 · 9.3%
ROA
8.9%▲
2024 · 6.6%
Debt ≤ 1 year
€14.70M▲
2024 · €14.45M
Debt > 1 year
€1.00M▼
2024 · €11.50M
Income taxes
€32k▼
2024 · €174k
Staff costs
€3.24M▲
2024 · €2.85M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 81 lines
Balance sheet
Code20242025
Assets
Total assets20/58€88.49M€95.81M▲
Fixed assets21/28€73.35M€82.30M▲
Intangible fixed assets21€132k€823k▲
Tangible fixed assets22/27€432k€453k▲
Land and buildings22€98k€92k▼
Plant, machinery and equipment23€130k€123k▼
Furniture and vehicles24€16k€19k▲
Other tangible fixed assets26€189k€141k▼
Assets under construction and advance payments27-€78k
Financial fixed assets28€72.79M€81.02M▲
Affiliated companies280/1€72.79M€81.01M▲
Participating interests280€45.04M€70.51M▲
Amounts receivable281€27.74M€10.50M▼
Other financial fixed assets284/8€338€7k▲
Amounts receivable and cash guarantees285/8€338€7k▲
Current assets29/58€15.14M€13.51M▼
Stocks and contracts in progress3€749k€814k▲
Stocks30/36€749k€814k▲
Goods purchased for resale34€749k€814k▲
Amounts receivable within one year40/41€8.98M€10.20M▲
Trade receivables40€5.36M€6.51M▲
Other amounts receivable41€3.62M€3.69M▲
Cash at bank and in hand54/58€2.81M€1.95M▼
Deferred charges and accrued income490/1€2.60M€550k▼
Equity and liabilities
Total equity and liabilities10/49€88.49M€95.81M▲
Equity10/15€62.26M€79.91M▲
Contributions10/11€46.19M€60.33M▲
Capital10€46.19M€60.33M▲
Issued capital100€46.19M€60.33M▲
Reserves13€2.16M€2.59M▲
Non-distributable reserves130/1€2.16M€2.59M▲
Legal reserve130€2.16M€2.59M▲
Profit (loss) carried forward14€13.91M€16.99M▲
Amounts payable17/49€26.23M€15.90M▼
Amounts payable after more than one year17€11.50M€1.00M▼
Financial debts170/4€11.50M€1.00M▼
Other loans174€11.50M€1.00M▼
Amounts payable within one year42/48€14.45M€14.70M▲
Trade debts44€7.13M€7.86M▲
Suppliers440/4€7.13M€7.86M▲
Advances received on contracts in progress46€181k€338k▲
Taxes, remuneration and social security45€1.14M€804k▼
Taxes450/3€134k-
Remuneration and social security454/9€1.01M€804k▼
Other amounts payable47/48€6.00M€5.70M▼
Accrued charges and deferred income492/3€273k€199k▼
Income statement
Code20242025
Operating income70/76A€21.65M€25.53M▲
Turnover70€21.42M€25.35M▲
Other operating income74€223k€182k▼
Operating charges60/66A€19.97M€22.90M▲
Goods for resale, raw materials and consumables60€9.51M€11.35M▲
Purchases600/8€9.80M€11.41M▲
Change in stocks: decrease (increase)609€-293k€-66k▲
Services and other goods61€7.23M€8.17M▲
Remuneration, social security and pensions62€2.85M€3.24M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€289k€210k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€50k€-113k▼
Other operating charges640/8€51k€48k▼
Operating profit (loss)9901€1.67M€2.63M▲
Financial income75/76B€5.61M€7.18M▲
Recurring financial income75€5.61M€6.33M▲
Income from financial fixed assets750€5.11M€5.33M▲
Other financial income752/9€499k€1.01M▲
Non-recurring financial income76B-€850k
Financial charges65/66B€1.30M€1.28M▼
Recurring financial charges65€1.30M€1.28M▼
Debt charges650€748k€527k▼
Other financial charges652/9€549k€749k▲
Profit (loss) for the period before taxes9903€5.99M€8.54M▲
Income taxes67/77€174k€32k▼
Taxes670/3€199k€71k▼
Tax adjustments and reversals of tax provisions77€25k€39k▲
Profit (loss) for the period9904€5.81M€8.51M▲
Profit (loss) for the period to be appropriated9905€5.81M€8.51M▲
Appropriation of the result
Profit (loss) to be appropriated9906€19.20M€22.41M▲
Profit (loss) brought forward from the previous period14P€13.38M€13.91M▲
Transfer to equity691/2€291k€425k▲
To the legal reserve6920€291k€425k▲
Profit to be distributed694/7€5.00M€5.00M=
Return on contributions (dividend)694€5.00M€5.00M=
Social balance
Average headcount (FTE)908723.626.0▲
The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-09
State Gazette act
Capital & sharesCapital increase · Bank account · Capital5 facts ▸
State Gazette act
Capital & shares
Capital increase · Bank account · Capital5 facts ▸
- General meeting, 25-08-2026
- Capital increase, €19.999.998,59
- Bank account, KBC Bank NV
- Capital, €80.332.093,9
- Statutes amendment
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2019net €9.34M ▲126%
Net result €9.34M, the highest in the series.
31-12
Financial
Equity above €50MEq €51.66M ▲9.2%
5 profitable years in a row build equity to €51.66M.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €2.08M ▼40.3%
Net result drops to €2.08M, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
23 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Buntjesstraat 133583 BeringenGround area
2.4 ha
Building footprint
5,310 m²
Volume, LiDAR
29,795 m³
Parcel 71049B1420/00Z000, Flanders · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Buntjesstraat 13, 3583 Beringen
since 20002.115.776.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1420/00Z000 | Flanders | 2.4 ha | 1 · 5,310 m² | 16.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Capital and shareholders
Capital over the years
- 03-09-2026 Capital increase of 19,999,998.59 EUR · to 80,332,093.90 EUR · 2,518,892 new shares · in cash
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 233,267 EUR awarded · 233,267 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 46,711 EUR |
| 2024 | 1 | 2,556 EUR | 2,556 EUR |
| 2023 | 1 | 0 EUR | 184,000 EUR |
| 2022 | 1 | 230,711 EUR | 0 EUR |
Schemes
Ontwikkelingsproject
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
549300Y34WEWKFALRR92
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 2,075 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.